The Impressive TimesNew Delhi : Indian benchmark indices Sensex and Nifty opened on a positive note on Wednesday, March 19, 2025, amid mixed global cues. The 30-share BSE Sensex climbed 171.91 points or 0.22% to open at 75,473.17, while the NSE Nifty 50 gained 40.65 points to trade at 22,874.95 in early trade. This comes after the previous trading session, where the Sensex closed at 75,301.26 and the Nifty at 22,834.30 on Tuesday.
The market saw a mixed sectoral performance with gains in banking, auto, and metal stocks, while IT stocks remained under pressure. Among the Sensex pack, Tata Consultancy Services (TCS), HCL Tech, Infosys, Sun Pharma, and Tech Mahindra were among the biggest laggards. TCS led the losses, slipping 1.46% in the early session, reflecting weak sentiment in the IT sector amid global macroeconomic concerns.
On the positive side, stocks such as Tata Steel, IndusInd Bank, Zomato, Mahindra & Mahindra (M&M), and State Bank of India (SBI) were among the top gainers. Tata Steel emerged as the best performer on the BSE, rising 2.81% during early trade, driven by positive metal demand outlook and strong global commodity prices.
In early trading, the broader market showed a bullish trend with 1,796 stocks in the Nifty pack trading in the green, while 303 stocks were in the red. Meanwhile, 68 stocks remained unchanged, indicating cautious investor sentiment ahead of key global economic events. The Nifty Midcap and Smallcap indices also gained, reflecting strong domestic participation and confidence in broader markets.
The Indian stock market’s positive opening was influenced by mixed global cues, as investors assessed central bank policy updates and economic data from major economies. Asian markets showed a mixed trend, with some indices posting gains on optimism around global growth, while others remained subdued due to inflation concerns. U.S. markets had closed slightly lower in the previous session, adding to uncertainty.
Analysts suggest that while domestic economic fundamentals remain strong, external factors such as global interest rate trends and geopolitical developments could influence market sentiment. Investors are closely watching the movement of IT stocks, which have been under pressure due to weak global demand and cautious spending by enterprises.
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